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joe biden, two has negotiated deals in the past, obviously, with mitch mcconnell, has seemed to move this forward. they're going to continue negotiating, even though there won't be any votes tonight. so let me ask you, what is your sense of what's going to happen here? are we going to avoid going over the fiscal cliff? >> i don't know. i think it's 50-50 as we go into the final hours here now. the fact that negotiations are ongoing is a good sign. i served on what was known as the biden group in the summer of 2011. unfortunately, at the end of the day, as you remember, the republicans walked out of those negotiations. why? for the same time they've abandoned all the negotiations so far, is they didn't want to ask high income individuals to share greater responsibility for reducing the deficit. they wanted to put that burden on the middle class. maybe in the final hours, something will change there. but it's important to understand that's exactly what's happening there. they're using the clock and the final hours and the threat of a slowing economy and higher taxes on middle income fo
, has said he has reached out to joe biden, the vice president, and not incidentally the president of the senate in that capacity. he has had a couple of conversations with him according to republican senators, one, just within the last hour, at least one, when mitch mcconnell left a closed door luncheon of republican senators to speak with joe biden by phone. we understand that joe biden, our crack white house team, put eyes on him going into the white house about 1:45 this afternoon. he was in delaware yesterday. seems unlikely at this point that biden would make the trip up to capitol hill for any face-to-face negotiations. democrats say this is simply a ruse, mitch mcconnell trying to go around harry reid, the democratic leader here and appealing to joe biden, trying to make it look in democratic estimation as if republicans are going the last mile, but, look, we're stuck. we're nowhere at this point. there was a major setback earlier. you mentioned it, the so-called chained cpi. a lot of people tweeted me and said what the heck is that? simply a revised way of adjusting cost o
felt joe biden was doing the same thing. he was clarifying this is pure ridiculousness. we had to cut this down a little bit. let's watch vp biden during the vp debate. >> transition. but what we also want to do in spite of their opposition. >> oh, god. >> this idea came from the clinton -- >> the answer, please. >> did they -- this is a plan that is bipartisan. >> no massive -- >> it's what we do. we do it for all constituents. >> i love that. >> it's how we all were responding to the whole thing. what? >> joe biden. i was happy there weren't commercials on that. if he had time to stop and go over to paul ryan and pee on his leg to show dominance. let's have the moment to acknowledge the magic amount biden had to get away with that. for the most part, he got away with that. imagine if the president was constantly laughing at his opponent, that would not have gone well. not well at all. >> not only white privilege. think about if joe biden behaved that way toward sarah palin, not only would he have been attacked. it's like he suddenly realized, that's totally what he wanted to do duri
to the vice president asking him to get involved in this in part because joe biden was in the senate for so long and has been able to help bring the two sides together in previous cases where they were down to the wire. we know that call has gone out. harry reid says he has reached out to the president on the phone a couple of times. republicans say there is no single issue that should break this. there is something that democrats are talking about. what we have learned is in an offer presented by republicans last night at 7:00 included within that was a request to make a change to how future increases to the payments of social security would change. not taking any money away presently but over the years to come reducing the amount of increase. that is called chain cpi. for democrats it is a nonstarter. here is majority leader harry reid. >> we're not going to have any social security cuts. at this stage that doesn't seem appropriate. i still hold out hope that we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> so you hear some sense that there might
president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious differences on both sides. >> we're not going to have any social security cuts at this stage, it just doesn't seem appropriate. i still hold out hope we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> republicans pushed back on claims by democrats that the social security benefit measurement, which is known as the chained cpi and basically would reduce the amount of money that senior citizens get under social security, was part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us agree the chained cpi is off the table in these negotiations. president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we under
's the list i through out. biden, clinton, bennet, brown, warren and king. who, of course, is an independent but will caucus with the democrats on the republican side we have haley, rubio, ryan, pence, bush and demint. joining me now our end of the year gaggle for most of the show, contributor and managing editor, chris cillizza and perry bacon. stephanie cutter with president obama and kevin madden for governor romney's campaign. we asked all of you -- first of all, hello. >> hello. >> happy new year and all of you to pick. i threw out a dozen and asked you to pick two. again, not going to do the 2016 conversation now but we will in a few minutes. chris -- >> holding off. >> who are the two that jumped out at you thinking 2013? >> so i'm a little nerdy and focused on, you know, down ballot races and picked michael bennet, the colorado senator, the new head of the democratic senatorial campaign committee and tasked with trying to again keep a democratic senate majority, going to be difficult. you have 20 seats up. ten republican seats up. >> wants to be senate majority leader and why he's do
president joe biden, one of the folks, a lot of journalists on the hill right now keeping a close eye on mitch mcconnell's office to see if vice president biden is swinging by today and one of the ways that the two sides may be having a form of a conversation today given the fact that we believe absent the calls, the president put out to the leaders, the house and the senate, that there's been no more conversations absent those between senior staff today. >> viqueira, a little birdie around the building said there's a pool that some people are in betting on when this thing will be wrapped up. and i heard you have january 10th. i would like to know your thoughts on why you picked january 10th. i would like to know what is the outlier date in this pool and if you have any intel on who else is in the pool. >> reporter: well, i mean, i'm sure i take no satisfaction in being right in this. there's a lot at stake here and certainly we look at gambling on legislation so there's money wagered. having said that, toure, i mean, you know, there's just too many ways to lose votes in this thing an
progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of p
, something does need to cobble together? >> i know our leader are trying. >>> what about vice president biden, you worked with him for 15 years. he and biden worked very well together in the fiscal negotiations last time. should you bring in biden into the conversation here? >> absolutely. i think joe biden is aaron p that knows the senators. perhaps when he would sit down with two of them, and we've got to bring speaker boehner and eric cantor into the mix to see what they can put together on the house side. because they know that we don't want to increase taxes. so i do think everyone coming toe, and it's going to take everyone, the president, the vice president, the house and sena senate. >>> are you saying there's several dozen that did not support plan b, they were not looking at this practically? >>> i agree with them. however, we're at a point where we will not get what we think is right for our economic and country, because we don't control government. so we've got to work within the system we have. i think 250,000 as a threshold is way too low. we can't do that to people who have a l
biden have spoken. they've spoken twice. and the two of them have a history of cutting deals together. they were able to cobble together the debt deal that got us through the debt negotiations and kept the country from defaulting back in the summer of 2011. does this mean it will happen again? no. but it at least means there is a line of communication open between democrats and senior democrat and republican and the possibility that who knows, maybe there could be a path forward and this very late hour. ali, i'm not saying there will be. >> which is why nobody is saying we're done. nobody is saying this is over. you know, for the last few weeks, most people will recall that the conversations have been between president obama, at least the public ones, between president obama and john boehner. john bain certificate sort of sitting this one out. it's now harry reid, the senate majority leader, the democrat, and mitch mcconnell, the senate minority leader, the republican and joe biden has been brought in as the guy that you call if things are breaking down right now. so it's, there's an
nationally. >> chris, the best move of the year? >> i think the best move, joe biden, who answered a question honestly without premeditation and frankly in his "meet the press" interview with david gregory when he was asked about marriage equality. and i think all the reporting afterward, was this a trial balloon, were they trying? no, no, no, joe biden was asked a question and answered with a moral legitimate move, a truthfulness that had these remarkable effects that it pushed the president to come clean about his personal evolution, i think that personally made a difference in the campaign. >> my visual on the campaign, we actually had a visual assist on this. "the washington post" said that obama and his allies spent far less than mitt romney, but got far more in key markets, targeting key democratic groups such as the young working voters in spring states. i think what they did, knowing why they were going, something we never saw before. the worst move of the 2012 campaign? >> i got two things on this. one is, i think my answer is choosing paul ryan to be the vice presidential nominee. j
president joe biden will be there. while some appear ready to compromise others are still ducking, dodging, trying to dump the blame elsewhere. >> we all have our ideas and in the senate, you're right. we probably another 40, 50, 60 of saying that we're ready to both raise revenues and control entitlements. when's the missing ingredient? it is presidential leadership. >> i think in the end we'll get a deal. the question is the timing. >> am hopeful there will be a deal that avoids the worst parts of the fiscal cliff, namely taxes going up on middle class people. >> it's pretty apparent that we are not going to do what we've been called to do. this is 112th congress. we have had two years to deal with quote the fiscal cliff. >> let's bring in our man at the white house, peter alexander standing by. pete, we just got word the president it appears is making some sort of smaller offer at this 3:00 meeting. any idea what smaller might mean? >> reporter: it's a good question, craig. actually kelly o'donnell reporting some more of this from the hill. she says that income level of $400,000 that th
one. i was a young aid to president carter. vice president biden was in the senate. it was clearly on people's minds. also what was in the room, it's interesting, was one of the aspects that came out of desert one and that was the formation of a unified special operation forces command, the very troops, the forces here that would carry out this operation that had become such a unique asset of the united states. >> the president made one decision informed it seems to me like that history, which is he asked for two backup helicopters. >> the president asked for enough assets to ensure that the united states on its own could get in and could get out of the abbottabad compound. >> so now take uso that moment or was it a series of meetings what we now know is that vice president biden voiced reservations about an actual raid as opposed to a missile strike. secretary gates did. some key military leaders did. what was that like? was it a situation where the majority of the president's advisers were urging him not to do this? >> to get to this point, there were two dozen interagency meetin
. >> do you have a show -- joe biden will talk to anybody. he's a nice guy. have you talked to joe biden? >> i have, but not in relation to this. i met him prior to signing on to this. he's a great guy. i love him. >> did you talk to al gore? >> i talked to a couple of vice presidents. i was keeping that under wraps. i wanted to ask really personal questions like i don't know, when you get up in the middle of the night because you have to go to the bathroom does the secret service follow you? that's an important question. can you see how i take this research seriously? >> we had al gore, that cat is out of the bag. >> because he led. >> did you talk to him? >> i'm not talking. i'm not talking. >> so we always hear about the body man. the body man, you look at reggie love and always a fascinating relationship with the president. you have a fascinating relationship with your body man. >> yes. tony hale from arrested development is my body man. >> i have seen that show. it's fantastic. >> it is fantastic. he is so phenomenally fabulous and he is next to me all the type. so much so they go l
unemployment benefits run out. that's why president obama organized the meeting with vice president biden, speaker boehner, nancy pelosi and senators reid and mcconnell. he urged them to extend jobless benefits. we can deal with cuts to defense and domestic programs later. but let's take care of the middle and working class right now. give them assurance right now. joining me is congressman chief ellison. he's co-chair of the progressive caucus and melissa harris perry, host of the melissa harris perry show here on msnbc. thank you both for coming on the show. >> thank you, al. >> congressman, let me go to you first, this deal comes down to taxing the rich. how can they not realize this is what the country wants? >> i don't think that the republican leadership cares what the country wants. i think they care about what their biggest donors want and their big donors want to reorganize america so that -- because they believe that the rich don't have enough money and the poor have too much. so what we're hearing here is an expression of an et you logical idea that we need american society to
>>> breaking news here. president obama, vice president biden, mcconnell, pelosi and reid and boehner are meeting to discuss the fiscal cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items and ruled by rumor and then denials and frustrations, toure. we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would
for this if you're sending out. put down sharp objects. president obama and vice president joe biden. they are getting a pay raise. you heard me correctly. they just got a raise by executive order. the president is ending the pay freeze on federal workers, which includes congressional members. it was put in place three years ago. i don't know about you, listening to the folks that pushed us to the brink of the fiscal cliff. a little hard to take him at his neck? that's my "two cents more". that's it for tonight "willis report." thank you for joining us. don't forget to tape the show. if you can't testify. have a great night moments ago, president obama saying he still has hope. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such anagreement as we speak. >> and as we speak, rich edson is live in washington with the very latest. >> well, it's up to the senate. staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some
that was not the president. that was the republican leader has been negotiating with vice-president biden to get this thing done, get a from work done behalf of the president. >> it seems that those two were getting some action done. >> this is the way it has worked with these last minute deals, the debt ceiling and others. longtime friends. they knew each other obviously in the senate. more than 20 years. and so he said yesterday he could not get anything done with the democratic leader harry reid and needed to find a willing dance partner. he said he was going to call joe biden. that was about 24 hours ago. liz: right now the markets are very close to session highs with the belief that something is going to happen. we take it right now to the rotunda where rich edson has been all day long sinking his nails into lawmakers. tell us to you have, what you're talking about, what you were hearing. >> this is the framework of the deal they're discussing right now. as just detailed, the automatic spending cuts, that is the outstanding issue. this is what they locked up. end, rates of $400,000 per year, 450,000 t
of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house sp
the meeting and vice president biden is also there as well. we have a whole committee gathering at the white house. >> heavyweights. >> these are the most actively traded stocks at the new york stock exchange right now. stay with us. back in a minute. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe
and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version of the fiscal cliff agreement that the president and spe speaker boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. he argues that he can't really make that promise but if e he could then speaker boehner would promise to bring it to a vote on the floor. all sides would shake hands and we'd have a deal before new year's. that seems highly unlikely. but that's what all sides are pushing for today. >> i think we can all agree that tax rates are the biggest sticking point. so what specific issues are your sources saying that
ended the freeze on federal pay, only about .5%. and biden will see his pay go go up to $231,900. speaker boehner will make $224,600. that's $30,000 more than the pay of senate and house majority and minority leaders. those raises maybe good news for congress. but the rest of america won't be so happy when they see their paycheck next year. it's almost certain that the government will not extend the payroll tax holiday. that means a 2% tax increase for every last one of us. joining me is gerald bernstein, a senior fellow at the center of budget and policy priorities. get the title out. let's get to business. why are we not talking about this? talking about the cliff, but everybody's taxes going up with the payroll tax holiday. >>ith a great question, t.j. an important and underappreciated part of the fiscal cliff. the answer to the why is it really doesn't have any champions. when you hear the list of things people fighting for, estate tax, you hear the unemployment extension, things like that. you don't even hear this listed anymore. i know for a fact that the white house wa
that the president and vice president joe biden are calling the four congressional leaders behind closed closed doors today. >> i am hopeful. i wouldn't say i'm optimistic, but i think confidence has gone down. i think the key is whether the speaker will be the speaker of the entire house and let the matters come before us where there could be a majority of democrats and perhaps a majority of republicans, but let es speak our will and act on our will. that's really one of the keys. i think if the senate bill or what was in it were brought before the house, keeping the middle-class tax cuts, but not those for the upper income, and making sure the alternative minimum tax did not go into effect -- i think it would pass with a coalition. and i think the same could be true of unemployment insurance. 2 million people will lose their federal benefits tomorrow, if we don't have. 2 million people. >> when we snowe the fiscal cliff was imposed as a stopgap on you and all of your colleagues on the hill, are you disappointed that you've had to see it come down to the wire like this? this is basically a self-desi
mcconnell and biden on the phone and the president involved. really to take christmas off facing the fiscal cliff in a week shows how little optimism there is. >> i completely agree. we spent many late nights in the capital and is it doesn't seem like that is going to happen. >> amazing that they washed their hands of it. thank you so much for coming. check out shark week. the best drummer on capitol hill. next, president bush forced to spend christmas in the hospital. after suffering setbacks in his recovery, we will have the latest on his condition. new details about the christmas eve ambush of firefighters. what the gunman's final words were. today's trivia question, before bernie sanders, who was the last self-identified socialist to serve in congress? the first correct answer will get a file wednesday from us. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >> still being trea
be on the panel that vice president biden will be leading? >> he's a former member of congress, he has sway with people on capitol hill, he's large live seen as somebody who is going to run for governor in his home state of arkansas going forward, he's still an active political figure, former members of congress tend to get more things done here in washington than some other folks but we'll see. >> they don't have to be re-elected. >> that's right. they're going to need a lot of power going forward to get lngs through. >> we heard this on friday, we heard it on sunday from lapierre. he was using the terms "good guys" fairly frequently. does that positive association he's making with police officers, of those who are trained using gun, using the terms "good guys" is that what we expect to hear for all those who are opponents of gun legislation going forward? >> i think so. i think that will be part of the conversation. but, you know, this will be a really difficult battle on capitol hill, especially in the house but also in the senate. we see a lot of democrats up nor reelection in two years
. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting t
connell of the republicans and then vice president joe biden. we'll find out in the morning whether they were able to make any progress. back to you, don. >> fingers crossed. thank you. we'll have more on these developing stories at the top of the hour. >>> usain bolt is the fastest human being the world's ever known, but i wonder how he'd fair running against the animal jack hanna has just brought out. jack, we seem to have a large, fully formed cheetah. >> this is a cheetah, goes 70 miles an hour. we clock him at 70. the cheetah's eyesight is impeccable, two miles they can spot a rabbit. >> two miles? >> yes. turn him around here for a second. look at his eyes, let the guys pick him up on the camera. notice the dark marks under his eyes like a football player, baseball player, mother nature invented that because the cheetah's one of the only cat to hunt in the heat of the day, 110 degrees outside, they have to hunt. they are a weak cat. look at the foot, you got good guys on these cameras. there, perfect. only cat in the world, amazing shot here. only cat in the world with nonretractable claws. every ca
will put forward a very specific proposal based on the recommendations that joe biden's task force is putting together as we speak. and so this is not something that i will be putting off. but -- >> the a says it's just not going to work. it didn't work before, it's not going to work now. >> my response is something has to work. it is not enough for us to say this is too hard so we're not going to try. so what i intend to do is i will call all the stakeholders together. i will meet with the republicans. i will meet with the democrats. i will talk to anybody. i think there are a vast majority of responsible gun owners out there who recognize that we can't have a situation in which somebody with, you know, severe psychological problems is able to get the kind of high capacity weapons that this individual in newtown obtained and gun down our kids. and, yes, it's going to be hard. >> should we have an armed guard at every school in the country? that's what the nra believes. they told me last week that could work. >> you know, i'm not going to prejudge the recommendations that are given
're not telling the senate what to do. for majority leader reid, we encourage him. >> senator, joe biden is, of course, president of the senate. he has a constitutional role. he could cast a deciding vote and he is currently on the side of the administration in beating badge challenges to the filibuster in federal court. at least this vice president has taken some stands here, hasn't he? >> well, not if terms of the framework of what we're about to do. and indeed, we would be as vice president, he could do a couple of things on a constitutional issue. he can say those are by normal protocol referred to the body. so if you have 51 members who vote, that becomes the ruling. so he can either make a ruling himself and then we sustain or overturn it or he can turn the ruling back to the body, which is what was done in 1975. >> understood. steve is going to give us our last question today. >> sort of a skeptical one. even people appreciate the idea of what you're doing. i think the point is you get the talking filibuster. it will be a novelty at first. some people on c span 2 would get a kick out
on the recommendations that joe biden's task force is putting together as we speak. and so this is not something that i will be putting off. but -- >> the nra says it's not going to work. it didn't work before, it's not going to work now. >> my response is, something has to work. and you know, it is not enough for us to say -- this is too hard, so we're not going to try. so what i intend to do is i will call all the stakeholders together. i will meet with republicans, i will meet with democrats. i will talk to anybody. i think there are a vast majority of responsible gun owners out there who recognize that we can't have a situation in which somebody with severe psychological problems is able to get the kind of high-capacity weapons that this individual in newtown obtained. and gunned down our kids. and yes, it's going to be hard. >> should we have an armed guard at every school in the country? that's what the nra believes. they told me last week, that could work. >> i'm not going to prejudge the recommendations that are given to me. i am skeptical that the only answer is putting more guns in schools. a
president biden's chief economist and now senior fellow the center of budget and policy orders. msnbc contributor. we thank you so much for coming on the show. mr. bernstein, i want to put up a graphic in terms of the literal impact going over the fiscal cliff. if you make $20,000 you will see tax hike of $412. if you are middle $, 40,000 to $65,000, average tax hike of fearly nearly $2,000 which is significant. is this being lost on the policymakers now? >> i think it is. i mean -- if you -- were really concerned about how middle income people are doing and howing the unemployed are doing, how the average person who depends on their pay paycheck, not their stock portfolio is doing, you quickly resolve these cliff issues so the tax rates don't revert to get you the results you just showed. very quickly extend unemployment. i mean, i thought the point that someone made earlier in the reporting was critical. there are millions, couple million, actually, of unemployed people who have been on the rolls already. we know that they are hurting economically. there are not enough jobs out ther
of hours ago that the vice president, joe biden, has been meeting in the white house, as well. but at this point, that's where things stand with barely 100 hours until we reach this deadline. luke? >> absolutely unbelievable. at least bo obama came back with the president there. thanks so much for being on the show. we appreciate it. >>> we're five days away and john boehner has released the house telling the senate it's up to them to come up with a deal that his chamber will pass. paul contain, chris frazier, they both join me now. paul, i want to start with you. one thing that we all seem to be hearing is that -- and the markets start to tank, it will spur these guys to figure out some sort of deal. >> dow jones had a three-month chart that showed where the dow has been. we see there, went down, up, now it's steadily going down towards since plan b failed. do you think that's the only hope of getting a deal. >> it's not the only hope, but it has been sort of a missing actor for the last five or six week. that when it started going back up the market, that basically cued off
with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover for vist. people who are rich who make a lot of money, her not opposing raising taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is back in session today and a lot of looking backwards, not necessarily looking forwards. certainly not so concis
into law. let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can spin through to give you an example. john boehner increase of $1,000, so they're not enormous raises, they are fairly mottdest, right, peter? >> they are fairly modest, it affects not only congress, but the supreme court justices and also includes senior executives in the executive branch. the cost of this, according to the congressional budget office, is going to be about 1 billion dollars a year with this increase for senior executives in government. so, literally, think about this. they're talking about the fiscal cliff, they're talking about raising taxes and cutting spending. the only thing that's been accomplished thus far is to raise spending by about a billion dollars a year. >> dave: i think in particular rubs americans the wrong way when they see this, members of congress average salary, 174,000. average american, $48,000. that's on top of the fact that we see all the time, they take off, these long recesses and oh, by the way not passing
this interview has just been interrupted by vice president biden coming over our heads and wrecking his wife's interview. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. >>> of all the people i interviewed this year, no one was as divisive and despised as iran's president mahmoud ahmadinejad. his answers were elusive, infuriating and fascinating. i asked what he thinks about israel and then i asked other world leaders what they think about him. >> looking live at new york city, home of the united nations, world leaders from 193 countries are gathering for the annual meeting of the general
to be on the books. here now with a preview of how to stay out of trouble is trace gallagher, biden or west coast newsroom. >> many laws you have not heard about. for example, newark state now, it is illegal for you to sell electronic cigarettes to minors. in illinois, if you are applied for a job, your would-be boss can no longer ask for your social networking password. that has been deemed in violation of your privacy. if you riding motorcycle in illinois, you can run red lights. if you'd like when you get on your bike, it's not heavy enough to trigger the sensors to turn the lights from red to green. so they save you wait there for two minutes and the coast is clear, you are free to go. illinois, illinois now has banned the sale of all shark suit. in california you can no longer use dogs to chase down by pairs and the humane society says it's bad for the bears and bobcats and the dogs. and computer-driven vehicles are now okay. as long as there is a human in the passenger seat in case the computer takes over come you have someone to grab control of the car. by the way, do you think the gridloc
to an agreement in the final days of the year? we're going to ask vice president biden's former chief economist jared bernstein. first, though, the economy held hostage in the words of one ceo. >> my name is terry, owner, president and ceo of a salon in princeton, new jersey. i've owned the company for two years, it's been here for about 30-plus years. we're pretty scared of the fiscal cliff for many reasons. one of which is four of my employees, there's so much uncertainty for them. my other biggest fear is not being able to sustain the business and grow it, and offer employment opportunities for others, as well as for us, how we're going to plan for the future. we have three weeks for a decision. let's make that decision. stop taking sides, and come together, let's have a strong america that we all know and need again. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. ♪ [ male announcer ] this is karen and jeremiah. they don't know
and his -- and vice president biden. we offer our expertise. we will work with the congress. i have some experience here. i am the guy that negotiated the child safety lock arrangement with bill clinton. there are things we can do and do now rather than debate endlessly over the things that divide us instead of moving forward on the many things that we're already in agreement on. >> you were -- when you worked for the nra, you were its political director. >> regional political director. >> regardless, you knew a lot about its clout in politics. do you in all candor think that the nra has the kind of clout it did back in the '90s when were you involved in those really high-proo file debates, for like safety locks, assault bans and so on. >> when i did the chaft safety lo locks, i was representing the nra. it's not about clout. what the nra does so well is organize and motivate their people to get out in elections. arguing against what they do, you are arguing against democracy. we're in this fight together, instead of dwighting america, let's come together for a change. we can. >> i want
to do with his economy and where to go with tax policy, he didn't ask biden, he asked bush and exte extended the bush tax cuts, exactly where we are today. all he wants to do is not extend them for anybody making over $250,000. if you make over 2$250,000, the first $250,000 would be taxed at the original rate. i want to talk economics. what this is to many republicans is spending cuts. not about the election. the election is over. it's about spending cuts, really what 2010 was about. i think that's where the negotiations go in the next couple of days. >> you think about the polling and how this polls and issues david was talking about and common ground and who gets blame going over the fiscal cliff, how do you see it? >> i think that's the wrong question to ask. we're not in a political season. we either need the country to function or we don't. >> we will be. in 12 months from now, we'll be right back it an again. whatever happens over the next three weeks will be part of some campaign 12 months from now. >> i would rather worry about principle than politics and the republican part
force led by vice-president joe biden has been established to find ways to curb gun violation. lawmakers are back on capitol hill. but are they any closer to reaching an agreement, aimed at heading off a fiscal meltdown? let's ask them. we have two congressmen here. gentlemen, welcome to you both. >> good to be here. >> shannon: congressman kucinich, the spending side, do you feel there are areas where the government could cut as part of this negotiation in process? >> certainly, i have been arguing for years, we could cut spending at the pentagon. there are a lot of programs that are wasteful. we could stop the expansion of a war into the middle-east. that would save a lot of money. it is not that difficult to cut spending. the problem is that we have a manufactured crisis. they are trying to manufacture consent for a deal that would be otherwise unacceptable. so the members of congress and the american people. i don't think many people are thinking about having to watch what is going on in congress on new year's eve. we govern 365 days a year -- or should and this is a sign that the tw
to allow any taxes for revenues whatsoever. we had meetings with the vice president biden and cantor. he walked out of it. he's the majority leader in the house. we had this supercommittee and they were doing good things. good things. dealing with entitlements and revenues and a week before they were to report, by virtue of a statute, i get a letter signed by virtually every republican, too bad about the supercommittee. we're not going to do anything with revenues. >> okay. i think that's a good place to end this. what you're hearing is the history of what has happened to bring us to this point. i want to bring in our congressional correspondent dana bash. dana, i was just sitting here imagining someone turning on their tv thinking, what a these people talking about? and i think i would sort of boil it down to this. when they are talking on the floor, that's never a good sign. they should be talking in a back room. they have gotten nowhere. we are where we are and nobody has agreed on to come up with something. >> reporter: that is right, candy. this is the kind of stuff that we watch an
at a deadline at inauguration. in joe biden's language, will the fever break by the time the president is sworn in again for his second term? because if it doesn't, then whatever you see in the first week of trading now is going to be nothing, nothing compared to how global markets will react come the end of january. >> there's obviously a new congress coming in. does the composition in the new congress, can anybody figure out what happens there? >> well, i mean, numerically, it's more favorable to democrats, right? the house will still be controlled by john boehner. so you still have that divided congress. but the calculation is not, you know, a numerical one. it's the idea that if they go home -- first if they go home for christmas break, they'd feel the pressure, but it doesn't seem like that's coming. if they go over the cliff and they do mess with the debt ceiling, that people are going to get freaked and spooked because you'll start hearing stories about social security recipients facing the prospect of smaller checks from the government, unemployment insurance completely dried up, payrol
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